FPA Capital Comments on Apollo Education

- By Holly LaFon

The largest stock reduction in terms of weighting percentage was Apollo Education (APOL), which we reduced by over 80%. The reason is that APOL appreciated nearly 25% and approached the buyout price the board and shareholders agreed to earlier in the year. The Department of Education finally approved the acquisition of APOL by a private equity group with just a couple of conditions.

• Warning! GuruFocus has detected 4 Warning Signs with APOL. Click here to check it out.

• APOL 15-Year Financial Data

• The intrinsic value of APOL

• Peter Lynch Chart of APOL

From FPA Capital's fourth quarter 2016 commentary.

This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 4 Warning Signs with APOL. Click here to check it out.

• APOL 15-Year Financial Data

• The intrinsic value of APOL

• Peter Lynch Chart of APOL